{"data":{"id":"us-wv/w.-va.-code-31b-14-104","jurisdiction":"us-wv","citation":"W. Va. Code § 31B-14-104","heading":"Powers and duration of protected series.","body":"(a) A protected series of a series limited liability company has the capacity to sue and be sued in its own name.\n(b) Except as otherwise provided in subsections (c) and (d) of this section, a protected series of a series limited liability company has the same powers and purposes as the company.\n(c) A protected series of a series limited liability company ceases to exist not later than when the company completes its winding up.\n(d) A protected series of a series limited liability company may not:\n(1) Be a member of the company;\n(2) Establish a protected series; or\n(3) Except as permitted by law of this state other than this chapter, have a purpose or power that the law of this state other than this chapter prohibits a limited liability company from doing or having.","path":["CHAPTER 31B. UNIFORM LIMITED LIABILITY COMPANY ACT.","ARTICLE 14. UNIFORM PROTECTED SERIES ACT."],"source_url":"https://code.wvlegislature.gov/31B-14-104/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:28:01Z","sha256":"8abbee1b0c364f2fb0420607ea7ccefc5a11b504e32da60457475d26707c3519","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-31b-14-103","next":"us-wv/w.-va.-code-31b-14-105"},"notice":"GroundRules: Original legal text. Not legal advice."}
